Skip to content
ProPublica Donate
ProPublica Donate

Lake Erie College Prep School

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Elementary, Secondary Education, K - 12 (B29) (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$4.08M (2023)

Expenses
$4.22M (2023)

Total Assets
$6.26M (2023)

Total Liabilities
$9.53M (2023)

Source: Form 990 tax filings from 2014 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,077,963
Expenses
$4,222,487
Net Income
-$144,524
Net Assets
-$3,276,255
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,077,963
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,385,970
32.8%
Assets/Debt
Total Assets $6,255,998
Total Liabilities $9,532,253
Net Assets -$3,276,255
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Brian Kenderes (Board Member) $900 $0 $0
Contae Bentley (Board Member) $900 $0 $0
Courtney Perry (Board Member) $900 $0 $0
Laurie Murphy (Board Member) $800 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,164,833
Expenses
$3,614,378
Net Income
$550,455
Net Assets
-$3,131,731
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,164,833
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,205,326
33.3%
Assets/Debt
Total Assets $6,079,832
Total Liabilities $9,211,563
Net Assets -$3,131,731
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Brian Kenderes (Board Member) $1,000 $0 $0
Kevin Ray (Board Member) $1,000 $0 $0
Courtney Perry (Board Member) $1,000 $0 $0
Audra Jones (Board Member) $600 $0 $0
Robert Parina (Board Member) $600 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,571,690
Expenses
$3,224,041
Net Income
$347,649
Net Assets
-$3,682,186
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,571,690
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,142,657
35.4%
Assets/Debt
Total Assets $1,030,643
Total Liabilities $4,712,829
Net Assets -$3,682,186
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Audra Jones (Board Member) $1,200 $0 $0
Brian Kenderes (Board Member) $1,200 $0 $0
Robert Parina (Board Member) $1,200 $0 $0
Kevin Ray (Board Member) $1,200 $0 $0
Courtney Perry (Board Member) $1,100 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,931,365
Expenses
$2,803,181
Net Income
$128,184
Net Assets
-$4,029,835
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,931,365
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,064,081
38.0%
Assets/Debt
Total Assets $690,272
Total Liabilities $4,720,107
Net Assets -$4,029,835
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Audra Jones (Board Member) $975 $0 $0
Brian Kenderes (Board Member) $900 $0 $0
Robert Parina (Board Member) $900 $0 $0
Courtney Perry (Board Member) $900 $0 $0
Kevin Ray (Board Member) $900 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,668,507
Expenses
$2,656,420
Net Income
$12,087
Net Assets
-$4,158,019
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,668,507
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $946,097
35.6%
Assets/Debt
Total Assets $985,405
Total Liabilities $5,143,424
Net Assets -$4,158,019
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Brian Kenderes (Board Member) $775 $0 $0
Kevin Ray (Board Member) $775 $0 $0
Robert Parina (Board Member) $725 $0 $0
Audra Jones (Board Member) $725 $0 $0
Courtney Perry (Board Member) $725 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,575,825
Expenses
$1,794,610
Net Income
$781,215
Net Assets
-$4,170,106
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,575,825
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $872,664
48.6%
Assets/Debt
Total Assets $1,361,341
Total Liabilities $5,531,447
Net Assets -$4,170,106
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Brian Kenderes (Board Member) $0 $0 $0
Robert Parina (Board Member) $0 $0 $0
Audra Jones (Board Member) $0 $0 $0
Erica Penick (Board Member) $0 $0 $0
Kevin Ray (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,246,333
Expenses
$3,816,298
Net Income
-$569,965
Net Assets
-$4,126,118
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,246,333
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,180,626
30.9%
Assets/Debt
Total Assets $1,453,569
Total Liabilities $5,579,687
Net Assets -$4,126,118
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Warren Glen (Board Member) $0 $0 $0
Carlos Latimer (Board President) $0 $0 $0
Carolyn Neal (Board Member) $0 $0 $0
Danny Thomas (Board Member) $0 $0 $0
Brian Nam (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,123,607
Expenses
$3,553,355
Net Income
-$429,748
Net Assets
-$3,556,153
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,123,607
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,110,057
31.2%
Assets/Debt
Total Assets $1,425,275
Total Liabilities $4,981,428
Net Assets -$3,556,153
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Brian Kenderes (Board Member) $0 $0 $0
Carlos Latimer (Board President) $0 $0 $0
Robert Parina (Board Member) $0 $0 $0
Lee Fields (Board Member) $0 $0 $0
Paula Logan Reid (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,051,915
Expenses
$3,586,105
Net Income
-$534,190
Net Assets
-$3,076,405
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,051,915
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,163,698
32.5%
Assets/Debt
Total Assets $1,159,656
Total Liabilities $4,236,061
Net Assets -$3,076,405
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Brian Kenderes (Board Member) $0 $0 $0
Carlos Latimer (Board President) $0 $0 $0
Laura Seejatten (Board Member) $0 $0 $0
Lee Fields (Board Member) $0 $0 $0
Paula Logan Reid (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,672,379
Expenses
$3,013,733
Net Income
-$341,354
Net Assets
-$399,160
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,672,379
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $996,932
33.1%
Assets/Debt
Total Assets $293,658
Total Liabilities $692,818
Net Assets -$399,160
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Brian Kenderes (Board Member) $0 $0 $0
Carlos Latimer (Board President) $0 $0 $0
Donald Dupree (Board Member) $0 $0 $0
Lee Fields (Board Member) $0 $0 $0
Paula Logan Reid (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »